Shell International BV: Shell adds third major discovery to the Norphlet play in the Gulf of Mexico

Shell International BV: Shell adds third major discovery to the Norphlet play
                            in the Gulf of Mexico

HOUSTON - Shell today announces its third major discovery in the Norphlet play
in the deep waters of the Gulf of Mexico with the successful Rydberg
exploration well. After more than 10 years of exploration activities in the
Eastern Gulf of Mexico, Shell continues to lead industry in exploring this
Jurassic play.

"The Rydberg discovery builds upon our leadership position in the Eastern Gulf
of Mexico and its proximity to our other discoveries in the area make Rydberg
particularly exciting." said Marvin Odum, Shell Upstream Americas Director.
"These successes represent the emergence of another hub for Shell's deep-water
activities that should generate shareholder value."

The Rydberg well is located 75 miles (120 kilometres) offshore in the
Mississippi Canyon Block 525 in 7,479 feet (2,280 metres) of water. It was
drilled to a total depth of 26,371 feet (8,038 metres) and encountered more
than 400 feet (122 metres) of net oil pay.

Shell is completing the full evaluation of the well results but expects the
resource base to be approximately 100 million barrels of oil equivalent.
Together with the Appomattox and Vicksburg discoveries, this brings the total
potential Norphlet discoveries to over 700 million barrels of oil equivalent.

This is the first discovery for the partnership of Shell (operator, interest
57.2%), Ecopetrol America Inc. (28.5%) and Nexen (14.3%), a wholly-owned
affiliate of CNOOC Limited. The discovery is within 10 miles (16 kilometres)
of the planned Appomattox development and the 2013 Vicksburg discovery (Shell,
operator, 75% and Nexen, 25%).

Shell and Nexen are following up the Rydberg discovery with an exploratory
well at Gettysburg, located in Desoto Canyon Block 398 which is also within 10
miles (16 kilometres) of the planned Appomattox Development.

                                    # # #

Editors Notes:

  oThe Jurassic-period Norphlet play is a geological formation that extends
    from onshore to the deep waters of the Eastern Gulf of Mexico.
  oAppomattox (Shell 80%, Nexen 20%) is currently in the define phase of
    development and is moving forward with engineering design for the floating
    production system, subsea infrastructure and wells.
  oThe drillship Noble Globetrotter I drilled the Rydberg well and is
    currently repositioning to drill the Gettysburg exploratory well.
  oThe Gulf of Mexico is a major production area in the USA, accounting for
    almost 50% of Shell's oil and gas production in the country and almost 180
    thousand boe per day in 2013.

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Cautionary Note

Resources: Our use of the term "resources" in this press release includes
quantities of oil and gas not yet classified as SEC proved oil and gas
reserves. Resources are consistent with the Society of Petroleum Engineers 2P
and 2C definitions.

The companies in which Royal Dutch Shell plc directly and indirectly owns
investments are separate entities. In this release "Shell", "Shell group" and
"Royal Dutch Shell" are sometimes used for convenience where references are
made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the
words "we", "us" and "our" are also used to refer to subsidiaries in general
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release refer to companies over which Royal Dutch Shell plc either directly
or indirectly has control. Companies over which Shell has joint control are
generally referred to "joint ventures" and companies over which Shell has
significant influence but neither control nor joint control are referred to as
"associates". In this release, joint ventures and associates may also be
referred to as "equity-accounted investments". The term "Shell interest" is
used for convenience to indicate the direct and/or indirect ownership interest
held by Shell in a venture, partnership or company, after exclusion of all
third-party interest.

This release contains forward-looking statements concerning the financial
condition, results of operations and businesses of Royal Dutch Shell. All
statements other than statements of historical fact are, or may be deemed to
be, forward-looking statements. Forward-looking statements are statements of
future expectations that are based on management's current expectations and
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industry competition; (g) environmental and physical risks; (h) risks
associated with the identification of suitable potential acquisition
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regulatory developments including regulatory measures addressing climate
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regions; (l) political risks, including the risks of expropriation and
renegotiation of the terms of contracts with governmental entities, delays or
advancements in the approval of projects and delays in the reimbursement for
shared costs; and (m) changes in trading conditions. All forward-looking
statements contained in this release are expressly qualified in their entirety
by the cautionary statements contained or referred to in this section. Readers
should not place undue reliance on forward-looking statements. Additional risk
factors that may affect future results are contained in Royal Dutch Shell's
20-F for the year ended December 31, 2013 (available at www.shell.com/investor
and www.sec.gov). These risk factors also expressly qualify all forward
looking statements contained in this release and should be considered by the
reader. Each forward-looking statement speaks only as of the date of this
release, July 15, 2014. Neither Royal Dutch Shell plc nor any of its
subsidiaries undertake any obligation to publicly update or revise any
forward-looking statement as a result of new information, future events or
other information. In light of these risks, results could differ materially
from those stated, implied or inferred from the forward-looking statements
contained in this release.

We may have used certain terms, such as resources, in this release that United
States Securities and Exchange Commission (SEC) strictly prohibits us from
including in our filings with the SEC. U.S. Investors are urged to consider
closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC
website www.sec.gov. You can also obtain these forms from the SEC by calling
1-800-SEC-0330.

Shell and the Norphlet Play Fact Sheet

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Source: Shell International BV via Globenewswire
HUG#1825713
 
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